Central Brentwoods median price decreased at YTD 12/31/16 compared to YTD 12/31/15 by ($557,500), however, keep in mind that 27 homes sold in 2016 versus only 18 in 2015. 2016 sales include 8 homes that were newer builds from 2013-2016, while 2015 only had 2 new 2015 built homes. 2016 did increase $500K compared to 2014.
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Compare this to South Brentwoods median price which was $2,262,500 at YTD Dec 2016 and reduced by 23% compared to YTD Dec 2015. However, the median square feet adjusted by 1,284sf. From 3,206sf in 2015 to 1,922sf in 2016 – this had to do with newer, bigger homes built in 2015.
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Visit www.lehoamiller.com or www.90049brentwood.com for market statistics on other areas.
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